NOT LISTED FOR SALE

171 Cow Shed Rd Lancaster, VA 22503

Estimated Value: $502,000 - $524,993

3 Beds
2 Baths
1,900 Sq Ft
$272/Sq Ft Est. Value

Last Sold April 16, 2021

Last sale price $415,000 $218 Per Sq Ft

Est. 23% increase in value since last sale

Current estimated payment $2,911/month

2 Days on Market

Highlights

  • 716 Feet of Waterfront
  • Access to Tidal Water
  • Wood Burning Stove
  • 2 Dock Slips
  • Open Floorplan
  • Wood Flooring

About This Home

As of April 2021

Looking for a waterfront investment or home to get away from it all?! This totally transformed waterfront retreat is the perfect choice! Newly renovated waterfront home being sold with ALL interior furnishings is ready to move in and Enjoy! There are no restrictions, so any type of weekly rental investing is ok! The interior is bright, open & features: Living Room with vaulted ceilings, hardwood floors, brand new Kitchen with Quartz counters, soft close cabinets & under cabinet lighting plus Stainless Appliances, the Master Suite has vaulted ceilings along with exposed beams and a private waterside deck, a gorgeous tiled Master Bathroom with double sink vanity, separate shower and jetted tub, 2 Guest Bedrooms, another tiled Bathroom and a great Rec Room on the lower level! Other highlights: oversized 2 car garage, expansive back deck and stamped concrete patio area, commercial ice maker, portable generator hook up (generator included) & a storage building near the pier. All situated on a protected cove of Myers Creek with 3-4Ft of water depth and an easy walk to the pier with 10,000 lb boat lift. Myers Creek is located just minutes to the Corrotoman River. Just a short Boat ride to great attractions including "The Tides Inn" and numerous other excellent restaurants. Call today for details or to schedule an appointment to see this home!

Last Agent to Sell the Property

Melissa Bradley

Shore Realty, Inc. Listed on: 02/19/2021

Co-Listed By

Robbie Booth

Shore Realty, Inc.

Last Buyer's Agent

Non Member Member

Metropolitan Regional Information Systems, Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,145

Year Built

  • Built in 1963

Lot Details

  • 1 Acre Lot
  • 716 Feet of Waterfront
  • Home fronts navigable water
  • Property is in excellent condition

Parking

  • 2 Car Detached Garage
  • 2 Driveway Spaces
  • Oversized Parking
  • Parking Storage or Cabinetry
  • Front Facing Garage
  • Rear-Facing Garage

Home Design

  • Composition Roof
  • Wood Siding

Interior Spaces

  • 1,900 Sq Ft Home
  • Property has 2 Levels
  • Open Floorplan
  • Beamed Ceilings
  • Ceiling Fan
  • Skylights
  • Recessed Lighting
  • Wood Burning Stove
  • Walk-Out Basement
  • Attic

Kitchen

  • Electric Oven or Range
  • Microwave
  • Ice Maker
  • Dishwasher
  • Stainless Steel Appliances
  • Kitchen Island
  • Upgraded Countertops

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms
  • Soaking Tub

Outdoor Features

  • Access to Tidal Water
  • Water Access
  • River Nearby
  • Sun Deck
  • Electric Hoist or Boat Lift
  • 2 Dock Slips
  • Physical Dock Slip Conveys
  • Dock made with Treated Lumber

Utilities

  • Heat Pump System
  • Back Up Electric Heat Pump System
  • Well
  • Electric Water Heater
  • Septic Less Than The Number Of Bedrooms

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 26-115D

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,145

Year Built

Built in 1963

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Main
  • Federal Flood Zone: No
  • Year Built: 1963
  • Automatically Close On Close Date: No
  • Remarks Public: Looking for a waterfront investment or home to get away from it all?! This totally transformed waterfront retreat is the perfect choice! Newly renovated waterfront home being sold with ALL interior furnishings is ready to move in and Enjoy! There are no restrictions, so any type of weekly rental investing is ok! The interior is bright, open & features: Living Room with vaulted ceilings, hardwood floors, brand new Kitchen with Quartz counters, soft close cabinets & under cabinet lighting plus Stainless Appliances, the Master Suite has vaulted ceilings along with exposed beams and a private waterside deck, a gorgeous tiled Master Bathroom with double sink vanity, separate shower and jetted tub, 2 Guest Bedrooms, another tiled Bathroom and a great Rec Room on the lower level! Other highlights: oversized 2 car garage, expansive back deck and stamped concrete patio area, commercial ice maker, portable generator hook up (generator included) & a storage building near the pier. All situated on a protected cove of Myers Creek with 3-4Ft of water depth and an easy walk to the pier with 10,000 lb boat lift. Myers Creek is located just minutes to the Corrotoman River. Just a short Boat ride to great attractions including "The Tides Inn" and numerous other excellent restaurants. Call today for details or to schedule an appointment to see this home!
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Microwave, Oven/Range - Electric, Refrigerator, Stainless Steel Appliances, Icemaker
  • Flooring Type: Hardwood, Ceramic Tile, Carpet
  • Interior Amenities: Attic, Ceiling Fan(s), Exposed Beams, Entry Level Bedroom, Floor Plan - Open, Kitchen - Island, Recessed Lighting, Skylight(s), Soaking Tub, Upgraded Countertops, Walk-In Closet(s), Wood Floors, Stove - Wood
  • Wall Ceiling Types: Dry Wall
  • Levels Count: 2
  • Room Count: 7
  • Basement: Yes
  • Basement Type: Walkout Level
  • Total Sq Ft: 1900
  • Living Area Sq Ft: 1900
  • Price Per Sq Ft: 220.53
  • Above Grade Finished Sq Ft: 1900
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 171

Beds/Baths

  • Bedrooms: 3
  • Main Level Bedrooms: 3
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Main Level Bathrooms: 2.00
  • Main Level Full Bathrooms: 2

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Wood Siding
  • Roof: Composite
  • Water Access: Yes
  • Water Body Name: MYERS CREEK - CORROTOMAN RIVER
  • Water Body Type: River
  • Waterfront: Yes
  • Water Oriented: Yes
  • Pool: No Pool
  • Tidal Water: Yes
  • Water View: No
  • Water Frontage In Feet: 716

Garage/Parking

  • Garage Spaces: 2.00
  • Garage: Yes
  • Garage Features: Garage - Front Entry, Garage - Rear Entry, Additional Storage Area, Oversized
  • Number Of Detached Garage Spaces: 2
  • Total Garage And Parking Spaces: 4
  • Type Of Parking: Detached Garage, Driveway
  • Number of Spaces in Driveway: 2

Utilities

  • Central Air Conditioning: No
  • Cooling Fuel: Electric
  • Cooling Type: Heat Pump(s)
  • Heating Fuel: Electric
  • Heating Type: Heat Pump - Electric Backup, Wood Burn Stove
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Septic < # Of Br
  • Water Source: Well

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA: No
  • Senior Community: No

Schools

  • School District: LANCASTER COUNTY PUBLIC SCHOOLS
  • School District Key: 300200397285
  • School District Source: Listing Agent

Lot Info

  • Lot Size Acres: 1.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 43560.00
  • Property Condition: Excellent
  • Zoning: R
  • In City Limits: No

Rental Info

  • Vacation Rental: No

Multi Family

  • Mean Low Water Feet: 3

Tax Info

  • Tax Annual Amount: 1145.19
  • Assessor Parcel Number: 26-115D
  • Tax Year: 2020
  • Close Date: 04/16/2021

MLS Schools

  • School District Name: LANCASTER COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 19, 2021
Closed on
Apr 14, 2021
Sold by
Marlow Kimberley S
Bought by
Wells Robert Lewis and Smith Fames Tyler
Seller's Agent
Melissa Bradley
Shore Realty, Inc.
Buyer's Agent
Non Member Member
Metropolitan Regional Information Systems, Inc.
List Price
$419,000
Sold Price
$415,000
Premium/Discount to List
-$4,000
-0.95%
Current Estimated Value
$511,071

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$96,071
Avg. Annual Appreciation
5.06%
Original Mortgage
$394,250
Outstanding Balance
$360,053
Interest Rate
3.05%
Mortgage Type
New Conventional
Estimated Equity
$153,569

Purchase Details

Listed on
Feb 19, 2021
Closed on
Apr 13, 2021
Sold by
Collins John A and Marlow Kimberly S
Bought by
Wells Robert Lewis and Smith James Tyler
Seller's Agent
Melissa Bradley
Shore Realty, Inc.
Buyer's Agent
Non Member Member
Metropolitan Regional Information Systems, Inc.
List Price
$419,000
Sold Price
$415,000
Premium/Discount to List
-$4,000
-0.95%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$394,250
Outstanding Balance
$360,053
Interest Rate
3.05%
Mortgage Type
New Conventional
Estimated Equity
$153,569
Source: Public Records

Range of Values:

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Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Wells Robert Lewis $415,000 None Listed On Document
Wells Robert Lewis $415,000 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wells Robert Lewis $394,250
Closed Wells Robert Lewis $394,250
Previous Owner Collins John A $203,800
Previous Owner Collins John A $207,302
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/16/2021 04/16/21 Sold $415,000 -1.0% $218 / Sq Ft
02/21/2021 02/21/21 Pending -- -- --
02/19/2021 02/19/21 For Sale $419,000 -- $221 / Sq Ft
Source: Bright MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $1,356 $246,600 $62,000 $184,600
2023 $1,223 $194,100 $60,000 $134,100
2022 $1,223 $194,100 $60,000 $134,100
2021 $1,223 $194,100 $60,000 $134,100
2020 $1,223 $194,100 $60,000 $134,100
2019 $1,223 $194,100 $60,000 $134,100
2018 $1,451 $246,000 $116,500 $129,500
2017 $1,451 $246,000 $116,500 $129,500
2016 -- $246,000 $116,500 $129,500
2014 -- $0 $0 $0
2013 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: VALV100832

Bright MLS

APN: 26-115D